By Helen Reid
LONDON, Feb 25 (Reuters) - Sportswear group Amer Sports AS.N sees lower sales growth this year after a strong 2024, the company said on Tuesday as it reported fourth-quarter results boosted by its expensive Arc'teryx brand.
The Salomon, Arc'teryx and Wilson owner, which listed in New York in February last year, said exchange rates would weigh slightly on its 2025 results. Its revenue growth outlook of 13-15% for 2025 was weaker than analysts expected, and a decline from 18% growth in 2024.
Amer Sports shares, which have gained around 120% since listing, fell 3% in pre-market trading.
CEO James Zheng said growth at Arc'teryx, which sells jackets priced at $350 and upwards, helped boost fourth-quarter sales which grew 23% from a year ago, to $1.64 billion. Amer Sports' revenue for the year was $5.18 billion.
Amer Sports saw strong growth in Asia, with quarterly sales up 53.9% in Greater China and 52.4% in Asia Pacific, while the Americas, its biggest region by revenue, grew 15.1%.
AMER SPORTS https://tmsnrt.rs/3XcT32c
(Reporting by Helen Reid;Editing by Kirsten Donovan)
((Helen.Reid@thomsonreuters.com; +44 7584 155 200 ;))
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